$140,000 Parking Spot in Toronto (Ben Mulroney – Global News 640 Toronto)
Parking spots in Toronto are selling for more than $100,000. Olivia Chow announces an increase of 10.5% in property taxes.
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Toronto Had The Worst Year For Home Sales Since 2000 (Ben Mulroney – Global News 640 Toronto)
Why did Toronto just have the worst year in real estate sales? A condo with no bedrooms goes on sale for $600K.
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Fraud With Selling Houses in Toronto (Ben Mulroney – Global News 640 Toronto)
We talk about identity theft and seller fraud in Toronto real estate. CEO of Exhibition Place wants to upgrade it to an entertainment destination.
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Only 26% of Canadians Can Afford a Home (Ben Mulroney – Global News 640 Toronto)
26% of Canadians can now afford a home. How did this happen?
Real Estate, Blog
Marry The House, Date The Rate
Did you know there are detached houses in Toronto listed for less than a million dollars right now? Something that’s been rare over the last few years. Although interest rates are still high. Think of marrying the house and dating the rate. What does that mean exactly? Real estate prices are lower than they have been in the past few years so a house currently price at $900,000, could have sold for over a $1 million over a year ago. A buyer could buy a house for approximately $900K and save themselves $100K, that’s what I mean by marrying the house. Then, on the rate side, interest rates are temporarily high but that will change as rates will most likely come down next year. Any rate you have right now can be temporary, kind of like you are dating. So… Date the Rate & Marry The House. I explained this concept on BNN Bloomberg this week. Check out the segment on The Close.
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Quebec Doubles Tuition For Out-Of-Province Students (Ben Mulroney – Global News 640 Toronto)
Quebec doubles its tuition for out-of-province university students in hopes to increase French speakers. Open bidding is allowing homebuyers to see competing bids.
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Living in a Hotel Could Be Cheaper Than a Condo in Toronto (Ben Mulroney – Global News 640 Toronto)
Living at a hotel could be cheaper than renting your own condo in Toronto. Floating homes on the lake for sale in Toronto.
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Remembrance Day: Remembering the Fallen Soldiers (Ben Mulroney – Global News 640 Toronto)
An interactive map shows all the fallen soldiers in Toronto for Remembrance Day.
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A.I. for Airbnb Hosts (Steve Paikin – Global News 640 Toronto)
How is artificial intelligence helping Airbnb hosts filter guests? Some cottage country municipalities making it harder to rent out cottages.
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Airbnb’s in Condo Buildings (Ben Mulroney – Global News 640 Toronto)
Does every condo building allow Airbnb’s?